Unozawa-gumi Iron Works Balance Sheet Health
Financial Health criteria checks 6/6
Unozawa-gumi Iron Works has a total shareholder equity of ¥3.2B and total debt of ¥2.3B, which brings its debt-to-equity ratio to 73.8%. Its total assets and total liabilities are ¥8.1B and ¥5.0B respectively. Unozawa-gumi Iron Works's EBIT is ¥667.0M making its interest coverage ratio 667. It has cash and short-term investments of ¥2.7B.
Key information
73.8%
Debt to equity ratio
JP¥2.34b
Debt
| Interest coverage ratio | 667x |
| Cash | JP¥2.66b |
| Equity | JP¥3.17b |
| Total liabilities | JP¥4.98b |
| Total assets | JP¥8.15b |
Financial Position Analysis
Short Term Liabilities: 6396's short term assets (¥5.2B) exceed its short term liabilities (¥2.1B).
Long Term Liabilities: 6396's short term assets (¥5.2B) exceed its long term liabilities (¥2.9B).
Debt to Equity History and Analysis
Debt Level: 6396 has more cash than its total debt.
Reducing Debt: 6396's debt to equity ratio has reduced from 146.4% to 73.8% over the past 5 years.
Debt Coverage: 6396's debt is well covered by operating cash flow (28.1%).
Interest Coverage: 6396's interest payments on its debt are well covered by EBIT (667x coverage).